Plan Snapshot
- Plan Sponsor: Avon Grove Charter School
- Sponsor EIN: 233028004
- Sponsor Address: 110 EAST STATE ROAD, WEST GROVE, PA, 19390
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 165
- Total Assets: $1.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 165 | $1.8M | $4.4M | $328,090 |
| 2023 | 173 | $1.3M | $4.0M | $316,298 |
| 2022 | 164 | $1.3M | $2.6M | $298,467 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WEINER BENEFITS GROUP | Investment Advisor | $70,280 | — | $70,280 |
| THE BENECON GROUP | Investment Advisor | $43,865 | — | $43,865 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $37,350 | — | $37,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $151,495
- Estimated Expense Ratio: 8.203% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $151,464 | — | $151,464 | — | — |
| 2023 | $163,072 | — | $148,436 | — | — |
| 2022 | $158,375 | — | — | — | — |